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Dec 22, 2012
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lawmakers and return to washington if there is a deal. >> pelley: major, thank you. as you know, this debate is all about bringing the federal budget under control. if the white house and congress can't figure it out, big across- the-board budget cuts and those tax increases we mentioned kick in automatically january 1. the so-called fiscal cliff. the republican speaker of the house tried to force through his solution last night but he couldn't keep his own party in line. nancy cordes is at the capitol. nancy? >> reporter: scott, this was an unforced error. speaker boehner did not have to bring this plan "b" bill up but he was simply trying to get more leverage in negotiations with the president. instead, the misstep left him weaker and there is genuine confusion among both parties tonight about what to do now. speaker boehner left the capitol for the holiday this is afternoon, 18 hours after his risky move backfired. >> we didn't have the votes to pass it. it's not the outcome that i wanted. boehner wanted the house to pass a bill extending the bush-era tax cuts for
lawmakers and return to washington if there is a deal. >> pelley: major, thank you. as you know, this debate is all about bringing the federal budget under control. if the white house and congress can't figure it out, big across- the-board budget cuts and those tax increases we mentioned kick in automatically january 1. the so-called fiscal cliff. the republican speaker of the house tried to force through his solution last night but he couldn't keep his own party in line. nancy cordes is...
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Dec 26, 2012
12/12
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house republicans haven't yet called their members back to washington. our chief political correspondent, john harwood, is with us. john, this feels very much like it might be the calm before the storm in more way than one. >> it could be if we go over the cliff and the storm would be generated by the markets and the loss of confidence in american governance and the american economy, but that's not necessarily going to be the case. we still have a few days left. a white house official told me that there have been no progress over the last couple of days, but an aide to senator harry reid told me there's still a 50/50 chance we get a mini deal that would put off the effects of the cliff at least temporarily and a 50/50 chance of that happening before january 1st. so even though there's a small number of days, sometimes the urgency of a deadline forces lawmakers to overcome differences they can't overcome otherwise. >> remind us, john, a mini deal is composed in the senate but still has to pass through house republicans and boehner or not? >> yes. and the
house republicans haven't yet called their members back to washington. our chief political correspondent, john harwood, is with us. john, this feels very much like it might be the calm before the storm in more way than one. >> it could be if we go over the cliff and the storm would be generated by the markets and the loss of confidence in american governance and the american economy, but that's not necessarily going to be the case. we still have a few days left. a white house official...
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Dec 27, 2012
12/12
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>> i kind of agree with the consternation and concern of washington and everybody there. we look at the position of one of three possibility, back to upside normalized growth, complete downside recession. and the middle of the road scenario, we begrudge this and keep doing it sloppily every once in a while, as we have been recently but manage to make our way longer term. we think that scenario is more likely and the upside has to be discounted and downside scenario we have to recognize is not an immaterial risk. positioning portfolios, this is not an environment to hide and cash in treasuries but not blindly buy any and all equities out there, you pick the risks you take, buy quality dividend companies to protect those portions of your portfolio you're taking some equity risk with. use covered calls and sell options to cap your upside but give you extra cash flow in the other two environments, then use other defensive mechanisms, risk taking but still defensive in orientation. high yield bonds, bank loans, sovereign debt in the emerging markets getting 5-7% interest payme
>> i kind of agree with the consternation and concern of washington and everybody there. we look at the position of one of three possibility, back to upside normalized growth, complete downside recession. and the middle of the road scenario, we begrudge this and keep doing it sloppily every once in a while, as we have been recently but manage to make our way longer term. we think that scenario is more likely and the upside has to be discounted and downside scenario we have to recognize is...
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Dec 27, 2012
12/12
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starting with the budget crisis in washington. we learned just a few hours ago that not only is the fiscal cliff deadline on new year's eve, we are going to hit the debt ceiling on the very same day. we are about to go to washington for a live report. now to national weather. deadly storm slamming the midwest and the south now hitting the northeast. this is all coming just as millions of americans are waiting to take flights important the holidays. suburban new york newspaper chooses to publish the names and addresses of thousands of private citizens who have legal gun permits. can the mainstream media still claim not to hate all gun owners after a stunt like this? "the kudlow report" starts right now. let's get the latest on the snag on the fiscal cliff talks and surprise news we are going to reach the debt ceiling in days instead of just a few months. john harwood has the details. what's going on? >> not a whole lot of actions going on. although there have been some developments. let me bring our viewers up to date on those. fir
starting with the budget crisis in washington. we learned just a few hours ago that not only is the fiscal cliff deadline on new year's eve, we are going to hit the debt ceiling on the very same day. we are about to go to washington for a live report. now to national weather. deadly storm slamming the midwest and the south now hitting the northeast. this is all coming just as millions of americans are waiting to take flights important the holidays. suburban new york newspaper chooses to publish...
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Dec 19, 2012
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both suggesting that last week's horrible school shooting may just help the two sides in washington find some common ground. good morning, i'm brian schactman, this is "way too early." we have a lot of news to talk b including a tough new report saying the state department failed to provide enough security security in bengahzi, first the latest on newtown, connecticut. this morning president obama is expected to announce that vice president joe biden will spearhead his administration's response to the newtown shooting. the president is not expected to go into detail on policy decisions, but yesterday the white house hinted at what new legislation might look like. >> he is actively supportive of, for example, senator feinstein's stated intent to revive a piece of legislation that would reinstate the assault weapons ban. he supports and would support legislation that addresses the problem of the so-called gun show loophole. and there are other elements of gun legislation that he could support. people talked about high-capacity ammunition clips for example. that's something that certainly h
both suggesting that last week's horrible school shooting may just help the two sides in washington find some common ground. good morning, i'm brian schactman, this is "way too early." we have a lot of news to talk b including a tough new report saying the state department failed to provide enough security security in bengahzi, first the latest on newtown, connecticut. this morning president obama is expected to announce that vice president joe biden will spearhead his...
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Dec 28, 2012
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the president returned to washington from hawaii. can he lead both parties to a fiscal cliff work around. democrats have been dragging feet on this for months. they don't want to be pressured into a bad deal that doesn't come down to the nation books. >> any time you announce a meeting publicly in washington it's usually for political purposes. nothing good ever comes from it. one thing you have to do with politics if the president meets with a foreign leader you want to make sewer you know what is happening at the meeting. if the president calls congressional leader to the white house it's all political theater or they have a deal. my bet it's all political theater. >> they blame house republicans since john boehner hasn't been able to get them a deal to raise taxes. the name calling is getting ugly. >> american people don't understand the house of representative is operating without the house of representatives. it is being operated with a dictatorship of the speaker not allowing the vast majority of the council to representatives
the president returned to washington from hawaii. can he lead both parties to a fiscal cliff work around. democrats have been dragging feet on this for months. they don't want to be pressured into a bad deal that doesn't come down to the nation books. >> any time you announce a meeting publicly in washington it's usually for political purposes. nothing good ever comes from it. one thing you have to do with politics if the president meets with a foreign leader you want to make sewer you...
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Dec 27, 2012
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you speak washington ese. the house is convening. the president is -- >> doesn't it just make you sick? >> the were inthing you want to watch is eachon javers. i thought it was a perfect graphic. it's fabulous. you can't make it up. >> what do you do when you don't know what's going to happen, and you really don't. if you can get the debt limit thing right and guess how it's going to turn out or guess that it's actually going to do something, all evidence to the contrary, how would you invest, and when you recognize that none of us probably know and got it wrong the last time the debt ceiling came around. still be conservative and get some great balance sheet, but some names like john ehrlichman. could go savnlt these are names with big balance sheets will last you through to the. >> rick santelli, we spoke to you earlier on the show, did i get the impression that you're feeling a little more helpful? are you feelingmore so after speaking with the senators. >> i think the party will be with the parties doing the right place to actual
you speak washington ese. the house is convening. the president is -- >> doesn't it just make you sick? >> the were inthing you want to watch is eachon javers. i thought it was a perfect graphic. it's fabulous. you can't make it up. >> what do you do when you don't know what's going to happen, and you really don't. if you can get the debt limit thing right and guess how it's going to turn out or guess that it's actually going to do something, all evidence to the contrary, how...
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Dec 21, 2012
12/12
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wo we is a chill in washington over those fiscal cliff negotiations. in less than two weeks, there's roing to be a big tax increase americans and across the board t ts in the federal budget. the speaker of the house, and the president are trying to negotiate a solution, but prey're deadlocked on the question of raising taxes. president obama has proposed an $er taxes for households making more than $400,000. speaker boehner wants a tax increase only for households making a million or more. house is going to vote on that coposal tonight, and nancy cordes is on capitol hill for us. nancy. >> scott, shortly before that vote was due to take place house speaker john boehner announced he was canceling it with no democratic support, he needed almost every republican to get on board. and in the end he didn't e ve the votes. negotiations between speaker boehner and the white house ground to a halt today as everyone watched to see if he and house republican leaders would get the votes they needed to pass plan b, a bill preventing tax rates from going up for hous
wo we is a chill in washington over those fiscal cliff negotiations. in less than two weeks, there's roing to be a big tax increase americans and across the board t ts in the federal budget. the speaker of the house, and the president are trying to negotiate a solution, but prey're deadlocked on the question of raising taxes. president obama has proposed an $er taxes for households making more than $400,000. speaker boehner wants a tax increase only for households making a million or more....
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Dec 21, 2012
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will anybody rise above in washington? insight from washington post economic policy reporter and from capitol hill, politico's senior congressional reporter. welcome to "power lunch" guy webs good to see you. let me start with you. what happens at this point? can anything be done or are we going over the cliff? >> the chances offi going over e cliff is very, very serious at this point. what do they do? they are trying to figure that out themselves right now. do they bring up a bill right now and try to force speaker boehner's hand and have him accept any sort of tax increase, at least allow a vote and something that could pass in the house? mainly by democratic votes? that is unclear at this point. right now, harry reid is calling on the house to pass their enate bill and speaker boehner is relenting at there point. >> zachary, you cover economic policy. can you give me any clues of what is happening behind the scenes? are republicans saying, good gosh, if they would means test medicare and change retirement age, i would m
will anybody rise above in washington? insight from washington post economic policy reporter and from capitol hill, politico's senior congressional reporter. welcome to "power lunch" guy webs good to see you. let me start with you. what happens at this point? can anything be done or are we going over the cliff? >> the chances offi going over e cliff is very, very serious at this point. what do they do? they are trying to figure that out themselves right now. do they bring up a...
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Dec 22, 2012
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steve siebold is the author of the book "sex, politics, and religion ,"and david corn is the washington bureau chief for "mother jones" magazine. mr. siebold, are you comfortable with what the nra put forward today? >> well, absolutely. i mean, this is the only answer. that more guns equals less crime. i mean, if we don't arm the teachers, if we don't have guards at the schools, this is going to happen again. there's no question about it, whether we do this or not. but at least the teachers have a fighting chance. at least they have a fighting chance to save those little kids. >> do i understand your view to be that it would be a requirement for teachers? what if i'm a teacher who doesn't want to carry a firearm? i'm not proficient and i want nothing to do with guns. >> i don't want my kid in your class, then. because my kid is in danger -- >> wow? real sf real? >> i'll send my kid to another school. >> so to a young person today who's pursuing a career in education, they would also need to be trained and comfortedble with the idea of carrying a weapon? >> unfortunately, this is the wor
steve siebold is the author of the book "sex, politics, and religion ,"and david corn is the washington bureau chief for "mother jones" magazine. mr. siebold, are you comfortable with what the nra put forward today? >> well, absolutely. i mean, this is the only answer. that more guns equals less crime. i mean, if we don't arm the teachers, if we don't have guards at the schools, this is going to happen again. there's no question about it, whether we do this or not. but...
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Dec 26, 2012
12/12
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president obama will head back to washington tonight. danielle leigh is on capitol hill. good morning. does a deal still look doable? >> good morning. there is hope for a deal but confidence in that grand bargain reform has all but disappeared. americans are already taking a good hard look at their wallets as confidence the avoidance of the fiscal cliff diminishes. >> there is hope a deal will be cut. >> reporter: if congress doesn't oaks spire tax cuts in day, middle income earners will owe $2,000 extra a year. consumers are predicted to cut back in automotive, apparel and entertainment. >> once people decide to cut back on that, the effect is dramatic. >> reporter: the national retail federation says retailers support 1 in 4 american jobs and if the downward trend intensify, those jobs would be at risk. >> if retailers stop creating job, the economy as a whole will stop creating jobs. >> reporter: the wait is e excruciating. president obama visited hawaii after talks on capitol hill. they were $200 billion apart on a deal. >> the president was $2200 billion higher on re
president obama will head back to washington tonight. danielle leigh is on capitol hill. good morning. does a deal still look doable? >> good morning. there is hope for a deal but confidence in that grand bargain reform has all but disappeared. americans are already taking a good hard look at their wallets as confidence the avoidance of the fiscal cliff diminishes. >> there is hope a deal will be cut. >> reporter: if congress doesn't oaks spire tax cuts in day, middle income...
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Dec 7, 2012
12/12
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nbc's tracie potts joins us with the details from washington. tracie, good morning to you. >> reporter: lynn, good morning. the white house has been all over social media with this one, asking what would happen if your family had to pay another $2,200 next year in taxes? 100,000 people responded, including that northern virginia family that the president met with yesterday. they said $2,200 for them is a couple months' rent. >> for them to be burdened unnecessarily because democrats and republicans aren't coming together to solve this problem gives you a sense of the costs involved in very personal terms. >> reporter: the other big issue here on capitol hill, raising the debt limit. the president wants a new authority. mitch mcconnell filibustered his own bill. the senate minority leader filibustered his own bill that he had raised earlier about raising the debt ceiling. he called for a vote. democrats called his bluff and agreed to the vote. then he talked that bill to death. unusual here on capitol hill. lynn? >> all right, tracie potts there
nbc's tracie potts joins us with the details from washington. tracie, good morning to you. >> reporter: lynn, good morning. the white house has been all over social media with this one, asking what would happen if your family had to pay another $2,200 next year in taxes? 100,000 people responded, including that northern virginia family that the president met with yesterday. they said $2,200 for them is a couple months' rent. >> for them to be burdened unnecessarily because democrats...
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Dec 27, 2012
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"special report" from washington starts at 6:00 p.m. eastern. now back to new york and "the five." ♪ ♪ >> welcome back to "the five." shop in saint paul has been warned to stop selling candy smokes with bubble gum cigars after they are trying to prevent kids from trying the real stuff one day. does anyone want to tie it throt is a nexus between candy cigarettes and bubble gum cigars and taking up smoking? any takers? smokers amongst us? >> greg: this research is created to prove the point researchers want that candy cigarettes lead to real smoking. all kids had candy cigarettes. ban hot wheels because kids fast on them. cap gun leads to real guns. making a finger like this should be banned. no more using -- >> bob: making a finger lik like -- never mind. >> andrea: that is banned. >> bob: of course it should be banned. >> eric: they're fun. >> bob: it's a law. it's a law. >> andrea: i had those. look at me. >> eric: they have too much time on their hands to worry about whether a candy cigarette wants to smoke real cigarette. >> kimberly: i h
"special report" from washington starts at 6:00 p.m. eastern. now back to new york and "the five." ♪ ♪ >> welcome back to "the five." shop in saint paul has been warned to stop selling candy smokes with bubble gum cigars after they are trying to prevent kids from trying the real stuff one day. does anyone want to tie it throt is a nexus between candy cigarettes and bubble gum cigars and taking up smoking? any takers? smokers amongst us? >> greg:...
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Dec 28, 2012
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just about the only thing going on in washington here today. if the white house knew that the president was not going to, making a new offer here today, a lot of the speculation that was going on early and mid-afternoon might have not been healthy necessary for the deal-making dynamic here, because a lot of people were speculating that in fact there was a deal, a mini proposal, something coming new from the president, and then we get to the meeting and find out, in fact, no new offer from the president, reiterating what he said last week on friday, so the speculation got well ahead of events here, and that sort of lends to an air of disappointment here in washington and up there on wall street. we still don't know what exactly happened in this meeting so we're waiting to find out. >> obviously the fiscal cliff is the crisis du jour, chad, were you saying you would prefer to use dips as opportunities. where do you think we will be 12 months from now? no doubt there will be another crisis that we're talking about in 12 months time. what it is we
just about the only thing going on in washington here today. if the white house knew that the president was not going to, making a new offer here today, a lot of the speculation that was going on early and mid-afternoon might have not been healthy necessary for the deal-making dynamic here, because a lot of people were speculating that in fact there was a deal, a mini proposal, something coming new from the president, and then we get to the meeting and find out, in fact, no new offer from the...
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Dec 28, 2012
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. >> right now the spending that we have in washington d.c. is affecting this country. >> i hope the speaker and his republican party will be here, democrats, working to finish the task in reaching an agreement to avert the fiscal cliff. >> barrasso said president obama is eager to go over the fiscal cliff. senator barrasso joins us. well, why do you say that? >> well, i think the president sees political victory at the bottom of the cliff in term of the increased tax money coming in that he can spend for other programs. i think he sees a lot of cut to the military which the democrats have been after for a long time and then he gets to do what he loves to do, is to blame republicans. my concern is that i actually see financial problems for our nation at the bottom of the cliff and that's why i want to get a solution. >> tomorrow do you think it's going to be the beginning of the emergency meeting at the white house, is it the beginning of a deal or is it a political drama? >> my concern is it may be a political charade by the president and har
. >> right now the spending that we have in washington d.c. is affecting this country. >> i hope the speaker and his republican party will be here, democrats, working to finish the task in reaching an agreement to avert the fiscal cliff. >> barrasso said president obama is eager to go over the fiscal cliff. senator barrasso joins us. well, why do you say that? >> well, i think the president sees political victory at the bottom of the cliff in term of the increased tax...
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Dec 19, 2012
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it's all the things about washington that everybody can't stand. and now they are negotiating in public. if i wish they would start negotiating in private. but to sit down like two adult and work this out. i think both sides are close. what i understand, both sides are close. the fact that boehner has moved on from know tax hikes on anybody to suddenly agreeing on tk hikes for somebody is a big step. the fact that the president has agreed on several pernlding initiatives that he didn't want to agree on. that's a pretty big deal. stop the growth of social security at the rate it's growing at, using inflationary measures. they believe it will eventually cut real benefits for seniors as they keep getting older. that's something the base is not happy with. but obama seems to be floating. both sides have compromise. they need to keep that eight. stop with the press conference, stop with the throwing on the table who is bigger. and they need to come to the table and do this. for lack of a better word. it's getting close to christmas. megyn: i don't want
it's all the things about washington that everybody can't stand. and now they are negotiating in public. if i wish they would start negotiating in private. but to sit down like two adult and work this out. i think both sides are close. what i understand, both sides are close. the fact that boehner has moved on from know tax hikes on anybody to suddenly agreeing on tk hikes for somebody is a big step. the fact that the president has agreed on several pernlding initiatives that he didn't want to...
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Dec 30, 2012
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shapiro for refusing to stand and say the pledge allegiance at a romney political rally and "washington
shapiro for refusing to stand and say the pledge allegiance at a romney political rally and "washington
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Dec 27, 2012
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if washington doesn't do something, a lot happens. all the bush tax cuts expire, the payroll tax cuts expire. doctors participating in medicare, see their reimbursements cut by more than 25%. good luck getting a doctor then. more than a trillion dollars in spending cuts are triggered. the economy probably falls back into recession, and merry christmas and happy new year from washington to you, the american people. this basket of problems is what washington calls the fiscal cliff. you've been hearing for months now about the cliff crisis. you've heard a lot about whether or not it will matter, you've heard about the offers and the counteroffers president obama and house speaker john boehner put on the table. if you live in the game area, you're going to be reading about the cliff whether you like it or not. we at starbucks have an opportunity and i believe a responsibility to use our company's scale for good, by sending a respectful and optimistic message to our officials to come together and reach important ground. this week, through
if washington doesn't do something, a lot happens. all the bush tax cuts expire, the payroll tax cuts expire. doctors participating in medicare, see their reimbursements cut by more than 25%. good luck getting a doctor then. more than a trillion dollars in spending cuts are triggered. the economy probably falls back into recession, and merry christmas and happy new year from washington to you, the american people. this basket of problems is what washington calls the fiscal cliff. you've been...
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Dec 22, 2012
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i'm joined tonight by john nichols, washington correspondent of "the nation" magazine. john, great to have you with us. you know, we focus on the deal, you know, who is going to get the tax break, where is the spending cuts, where are they going to come from. but in the backdrop of all of this, millions of americans have no security this christmas. they don't know whether their benefits are going to be extended. there is a lot of pain out there. who are these people? what should they do? >> these people are folks we know. my sister was unemployed for the better part of ten months this year. she just found a job. and there are two million people, many of whom had decent jobs before the recession. mostly folks who live in rural areas and tougher cities, places that have been harder hit, where there just aren't jobs available, at least not quickly. one of the things to understand, ed, is that before this recession hit, if you were unemployed, your chances of getting a job in six months were pretty good, very good. now since this recession, you've just seen an explosion in
i'm joined tonight by john nichols, washington correspondent of "the nation" magazine. john, great to have you with us. you know, we focus on the deal, you know, who is going to get the tax break, where is the spending cuts, where are they going to come from. but in the backdrop of all of this, millions of americans have no security this christmas. they don't know whether their benefits are going to be extended. there is a lot of pain out there. who are these people? what should they...
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Dec 22, 2012
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one more note from washington. president obama nominated senator john kerry to succeed hillary clinton as secretary of state. secretary clinton who was still recovering from a concussion, was not there, but in a statement called the pick excellent. president obama's first choice for the job, susan rice withdrew her name after coming under fire about the tragedy in benghazi, libya. >>> now an update on that prison break. two convicted robbers scaling 17 stories with a rope made out of bed sheets. then impossibly hailing a cab to freedom. tonight, a new twist. abc's john schriffen has our story. >> reporter: he pulled off a daring escape from prison, but now joseph "jose" banks is busted. appearing in court this afternoon, after nearly three days on the run. the fbi arresting him late last night in chicago. >> yeah, it's kind of scary. but i thought that they'd, like, go far away. >> reporter: we now know both accomplished bank robbers, joseph banks seen here on surveillance video, broke out of their high-rise federa
one more note from washington. president obama nominated senator john kerry to succeed hillary clinton as secretary of state. secretary clinton who was still recovering from a concussion, was not there, but in a statement called the pick excellent. president obama's first choice for the job, susan rice withdrew her name after coming under fire about the tragedy in benghazi, libya. >>> now an update on that prison break. two convicted robbers scaling 17 stories with a rope made out of...
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Dec 20, 2012
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ry ryan's behind it. >> tracie potts in washington. helping us keep it all straight. thanks so much. >>> congressman stiff israel stopped by "the ed show" to offer harsh words of advice to republicans about plan "b" and beyond. let's take a listen. >> democrats have shown an ability to compromise. democrats have shown an ability to try and meet republicans. and when we are met with a stunt like this, that doesn't solve the problem, but simply continues these cliff hangers every several weeks we ought to say no to the republicans. so this is a nonstarter. the "b" in plan "b" is just bizarre. this raises taxes for the middle class. it is true that it raises taxes on people over a million dollars but you lose the earned income tax credit. you lose the child care tax credit, lose tuition tax credits. it is another shot at the middle class in order to protect the richest. >>> catch "the ed show" weeknights at 8:00 eastern on msnbc. >>> four state department officials are out following a scathing report on the consulate attack in benghazi. a u.s. ambassador and three others
ry ryan's behind it. >> tracie potts in washington. helping us keep it all straight. thanks so much. >>> congressman stiff israel stopped by "the ed show" to offer harsh words of advice to republicans about plan "b" and beyond. let's take a listen. >> democrats have shown an ability to compromise. democrats have shown an ability to try and meet republicans. and when we are met with a stunt like this, that doesn't solve the problem, but simply continues...
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Dec 27, 2012
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he is going to come back from washington where not much has changed. as far as congress is concerned the senate will be meeting today. interesting little tidbit this is the first time since 19170 there have been legislative business conducted in the weeks of between christmas and new years. we will see some activity on hap t capitol hill. there may be a stopgap measure to try to prevent the calamity that happens at the end of the year if we reach the fiscal cliff. if we do not have some kind of a compromise. here's what's going to happen. just about everybody is going to have a tax increase. the number goes up significantly with incomes. if you are talking 200 to 500,000 in income almost 14,000 dollars in tax hikes. the wealthiest americans people that make a million dollars or more will pay an average of 216,000 dollars in additional tax that is money that would otherwise be spent to help boost the economy or invest it. this is a real concern for economists. the other wrench that was thrown in treasury secretary tim geithner says we are going to be up
he is going to come back from washington where not much has changed. as far as congress is concerned the senate will be meeting today. interesting little tidbit this is the first time since 19170 there have been legislative business conducted in the weeks of between christmas and new years. we will see some activity on hap t capitol hill. there may be a stopgap measure to try to prevent the calamity that happens at the end of the year if we reach the fiscal cliff. if we do not have some kind of...
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Dec 26, 2012
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is washington still capable of that? >> i predict that it will happen. i think you will have, just like we did then, you'll have people out here and out here that won't agree with that. but i think you'll have an operating majority to do something. i believe that will happen. >>> still ahead, we're joined by actor and director ben affleck and the emmy-winning star of "veep," julia louis-dreyfus. first, caroline kennedy with her new book on her father's presidency. we'll hear audio from jfk himself inside the oval office. irping ]hon [ buzzing ] bye dad. drive safe. k. love you. [ chirping, buzzing continues ] [ horn honks ] [ buzzing continues ] [ male announcer ] the sprint drive first app. blocks and replies to texts while you drive. we can live without the &. visit sprint.com/drive. in that time there've been some good days. and some difficult ones. but, through it all, we've persevered, supporting some of the biggest ideas in modern history. so why should our anniversary matter to you? because for 200 years, we've been helping ideas move from ambitio
is washington still capable of that? >> i predict that it will happen. i think you will have, just like we did then, you'll have people out here and out here that won't agree with that. but i think you'll have an operating majority to do something. i believe that will happen. >>> still ahead, we're joined by actor and director ben affleck and the emmy-winning star of "veep," julia louis-dreyfus. first, caroline kennedy with her new book on her father's presidency. we'll...
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Dec 20, 2012
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"morning joe" live from washington, d.c. is just moments away. l ♪ ♪ you have a heart of gold [ male announcer ] vera wang love. the new diamond bridal collection from vera wang. exclusively at zales. [ male announcer ] the way it moves. the way it cleans. everything about the oral-b power brush is simply revolutionary. oral-b power brushes oscillate, rotate and even pulsate to gently loosen and break up that sticky plaque with more brush movements than manual brushes and even up to 50% more than leading sonic technology brushes for a superior clean. oral-b power brushes. go to oralb.com for the latest offers.
"morning joe" live from washington, d.c. is just moments away. l ♪ ♪ you have a heart of gold [ male announcer ] vera wang love. the new diamond bridal collection from vera wang. exclusively at zales. [ male announcer ] the way it moves. the way it cleans. everything about the oral-b power brush is simply revolutionary. oral-b power brushes oscillate, rotate and even pulsate to gently loosen and break up that sticky plaque with more brush movements than manual brushes and even up...
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Dec 31, 2012
12/12
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KGO
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we begin with the developing story from washington. those 11th hour talks to avoid the fiscal cliff. this evening here after they came to a halt, the vice president has been called in, now playing a central role. but time is running out. just tonight and tomorrow left. and if no agreement, taxes will go up for all americans. in fact, the average american family would see a tax increase of more than $3,400. as congress convened, even the senate chaplain praying to avoid what the president first called "self-inflicted wounds." let's bring in jon karl. he's been at his post every step of the way. the source has told you the vice president has been called in on this. >> reporter: that's right. i'm told the vice president is now playing a direct role in these negotiations, trying to get to a deal, a last-minute deal, a key player in the final hours. president obama set off the high-stakes weekend scramble friday night, imploring congressional leaders to take action immediately. >> the american people are not going to have any patience for a
we begin with the developing story from washington. those 11th hour talks to avoid the fiscal cliff. this evening here after they came to a halt, the vice president has been called in, now playing a central role. but time is running out. just tonight and tomorrow left. and if no agreement, taxes will go up for all americans. in fact, the average american family would see a tax increase of more than $3,400. as congress convened, even the senate chaplain praying to avoid what the president first...
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Dec 23, 2012
12/12
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. >>> let's get you to washington. with congress home for the holidays, a deal on the fiscal cliff looks less and less likely. that could be mean coal in the stocking for house speaker john boehner and the end to his two-year reign as republican leader. he's facing pressure from his own party after his plan b failure. he proposed a vote on the plan to allow taxes to go up on millionaires, but republicans had to pull it off the table after admitting they can't get it passed. foorn illustration check the latest poll, and that's what we have political editor paul stein hauser doing? >> americans are worried about the tax increases and spending cuts that will kick in at the end of the year. 7-10 questioned in our cnn/orc national poll say there would be major problems or a crisis in the country if that happens. >> part of what voters were looking for is some compromise up here. that's what folks want. >> and our poll indicates more americans want the republicans rather than the democrats to compromise more to reach biparti
. >>> let's get you to washington. with congress home for the holidays, a deal on the fiscal cliff looks less and less likely. that could be mean coal in the stocking for house speaker john boehner and the end to his two-year reign as republican leader. he's facing pressure from his own party after his plan b failure. he proposed a vote on the plan to allow taxes to go up on millionaires, but republicans had to pull it off the table after admitting they can't get it passed. foorn...
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Dec 20, 2012
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let's get to john harwood in washington. all right. john, if the house passes plan b tonight, what's next? >> i think next both chambers of congress go home for the weekend and leave the leadership to work with the white house on the potential for a solution that might pass. you know, we had dualing press conference this morning, brian. one was harry reid, democratic leader in the senate saying, once the house passes plan b the senate will do nothing about it. >> we are not taking up anything they are doing now. it is time for republican foes get serious. it is very, very unfortunate the republicans wasted an entire week on a number of pointless political stunt. and that'hat they've done. >> what we've got is a situation where there is still potential, still time for a deal next week when members of congress come back. but for the moment, brian, mostly no hopium around here. >> plan b. a nonstarter. thank you, john howard. >> up next on "street signs," we will dive back into the heherba. we have an analyst comesing on who says buy herb
let's get to john harwood in washington. all right. john, if the house passes plan b tonight, what's next? >> i think next both chambers of congress go home for the weekend and leave the leadership to work with the white house on the potential for a solution that might pass. you know, we had dualing press conference this morning, brian. one was harry reid, democratic leader in the senate saying, once the house passes plan b the senate will do nothing about it. >> we are not taking...
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Dec 21, 2012
12/12
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all part of those growing tensions between washington and moscow. erin? >> thanks very much. >>> now, our fifth story out front, the mind of a killer. adam lanza left few clues for investigators as to yes went on a shooting spree, killing 27 people last friday. now a geneticist has been joined to the investigation to try to determine if biology played a role. it is hard to imagine anything else. all of us sit here and try to think about how a human being, even an insane human being could kill innocent children. so a big question is this, are certain people predestined to kill? dr. jim fallon has been studying the brains of murderers for close to 20 years. he joins me now. i appreciate you taking the time of you have studied this exhaustively and you gave us some brain scans. i'm going to put them up for our viewers so we can show people what they're talking about. the differences are pretty stark. as you see on the left, two normal brains. then look at the brains on the right. the psychopathic pattern. that is dramatically different. what are we looking a
all part of those growing tensions between washington and moscow. erin? >> thanks very much. >>> now, our fifth story out front, the mind of a killer. adam lanza left few clues for investigators as to yes went on a shooting spree, killing 27 people last friday. now a geneticist has been joined to the investigation to try to determine if biology played a role. it is hard to imagine anything else. all of us sit here and try to think about how a human being, even an insane human...
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Dec 27, 2012
12/12
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and we'll come back to washington, d.c. sunday evening, 6:30 p.m., no later than. >> let's talk about the senate minority leader, mcdonnell, saying hopefully there's time to get this fixed. is there time? >> i think there is. you know, we have done our business in the house of representatives. we have sent a bill to the senate which says we will keep all these tax rates where they are and the senate must act on that bill. that election. -- legislation. we don't need to talk about people getting together in a room to come up with a deal. we need to do that which is pragmatic and keep the money in the pockets of the american people. right now the spending problem we have in washington, d.c. is affecting this country. we have not had a budget passed by the senate in the last three or four yours. we're telling the american people they have to tighten their bootstraps but we do not want to do that in washington, d.c. we have a federal reserve printing more money to the tune of $45 billion a month to buy up treasury bonds, which
and we'll come back to washington, d.c. sunday evening, 6:30 p.m., no later than. >> let's talk about the senate minority leader, mcdonnell, saying hopefully there's time to get this fixed. is there time? >> i think there is. you know, we have done our business in the house of representatives. we have sent a bill to the senate which says we will keep all these tax rates where they are and the senate must act on that bill. that election. -- legislation. we don't need to talk about...
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Dec 26, 2012
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he's flying back to washington tonight and aides say he's ready for a deal. it's not clear whether this trip is a sign of compromises to come or another display of theater showing the president is willing to work even as his opponents skip town. meanwhile, though, americans are growing skeptical. in the last week alone, gallup found a 15-point drop in the number of americans who think congress will negotiate a deal on the fiscal cliff. that's not all, holiday spending also hit its lowest rate since the 2008 recession, which retailers are blaming on the uncertainty in washington. so where do we go from here? well, since the house failed to get a vote on the tax package last week, all eyes are on the senate. a temporary deal that would basically extend all the tax cuts for those making under a quarter million. the deal would also rescue long-term unemployment benefits and instead of addressing those automatic spending cuts we've all heard about that are set for january 1st, this temporary deal would delay them for another six months. few are optimistic this new
he's flying back to washington tonight and aides say he's ready for a deal. it's not clear whether this trip is a sign of compromises to come or another display of theater showing the president is willing to work even as his opponents skip town. meanwhile, though, americans are growing skeptical. in the last week alone, gallup found a 15-point drop in the number of americans who think congress will negotiate a deal on the fiscal cliff. that's not all, holiday spending also hit its lowest rate...
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Dec 18, 2012
12/12
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first signs of a changing dynamic in washington. many believe friday's unspeakable acts in connecticut could mark a tipping point. the "washington post" reporting that president obama ordered cabinet members to order proposals to curb gun violence, a push that could include a new ban on assault rifles. sources say vice president joe biden will spearhead that effort. still the white house press secretary jay carney wasn't ready to unveil specifics. >> it's a complex problem that will require complex solution. no single piece of legislation no single action will fully address the problem. so i don't have a specific agenda to announce to you today. >> one of the nation's leading proponents for gun regulation, mayor michael bloomberg, said he is prepared to use his own personal fortune for this cause. adding there's simply no need to wait for another tragedy to happen. >> if the massacre in tucson wasn't enough to make our national leaders act, and if the more recent bloodshed in aurora, colorado, oak creek, wisconsin, portland, oregon
first signs of a changing dynamic in washington. many believe friday's unspeakable acts in connecticut could mark a tipping point. the "washington post" reporting that president obama ordered cabinet members to order proposals to curb gun violence, a push that could include a new ban on assault rifles. sources say vice president joe biden will spearhead that effort. still the white house press secretary jay carney wasn't ready to unveil specifics. >> it's a complex problem that...
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Dec 31, 2012
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washington doesn't tax too little. it spends too much. until we recognize that and deal with what is driving federal spending, we are going to continue to saddle future generations with more debt, with more liabilities, with a lower standard of living and a lower quality of life than we've experienced and that is not fair to emthis. it's time for us to demonstrate the political courage that is mess to take on the big -- the political courage that is necessary to take on the big issues and have the a vote. late put it on the floor and let's vote on t let's do something around here that matters, that is meaningful to the future of this country. rather than wait until the last day and the last hour and allow two people to sit in a room and decide the fate and the future of this great country. mr. president, i yield the floor. mr. paul: mr. president? the presiding officer: the senator from kentucky. mr. paul: something you may have heard, there's something called the fiscal cliff aproposing. and we must do something about it or we will go ov
washington doesn't tax too little. it spends too much. until we recognize that and deal with what is driving federal spending, we are going to continue to saddle future generations with more debt, with more liabilities, with a lower standard of living and a lower quality of life than we've experienced and that is not fair to emthis. it's time for us to demonstrate the political courage that is mess to take on the big -- the political courage that is necessary to take on the big issues and have...
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Dec 29, 2012
12/12
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WBAL
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washington -- the 17 footer. washington a winner for the fourth time this season. 105-97. the independence bowl in la. if you ever wonder where the former nebraska coach disappeared to -- a little play action. the the the arms. look a bat. -- look at the arms. look at that. 45-14. >> tonight was good riddance day. the day to take your worst memories of 2012 and smashed them to smithereens. or run them through a paper shredder. in times square is, people lined up to publicly wiping the slate clean. they tossed out everything from pink slips to memories of that break up. i liked it. out with the old, in with the new. new tradition here. speaking of good riddance, the polish pontiff almost none words is out. coming at the doug no. 5 -- twitterverse. four, just saying folowed by you know. the next is like. topping the list -- whatever. the most annoying were for the fourth year in a row. all of those words, a band. >> if you have teenagers, you know. >> more looked at the snow forecast. starting sometime after midnight. light snow flurries. 1-4 inches. most of you will be clos
washington -- the 17 footer. washington a winner for the fourth time this season. 105-97. the independence bowl in la. if you ever wonder where the former nebraska coach disappeared to -- a little play action. the the the arms. look a bat. -- look at the arms. look at that. 45-14. >> tonight was good riddance day. the day to take your worst memories of 2012 and smashed them to smithereens. or run them through a paper shredder. in times square is, people lined up to publicly wiping the...
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Dec 28, 2012
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the president returned to washington today. he cut his hawaiian vacation short to get back to the white house for any possible last minute fiscal cliff meetings and it appears there will be one tomorrow. harris? >> well, what kind of response is the president getting from lawmakers at this point? >> well, senate republicans say they are willing to listen to any ideas the president has as to how to find a way forward. here is more. >> last night i told the president we would be happy to look at whatever he proposes. but the truth is we are coming up against a hard deadline here. and as i said, this is a conversation we should have is had months ago. and republicans aren't about to write a blank check for anything senate democrats put forward just because we find ourselves at the edge of the cliff. >> the senate is in session and this is the first time either the house or senate has been in session for legislative business between christmas and new year's since 1970. harris? >> harris: not to put too fine a point on, it i guess i
the president returned to washington today. he cut his hawaiian vacation short to get back to the white house for any possible last minute fiscal cliff meetings and it appears there will be one tomorrow. harris? >> well, what kind of response is the president getting from lawmakers at this point? >> well, senate republicans say they are willing to listen to any ideas the president has as to how to find a way forward. here is more. >> last night i told the president we would be...
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Dec 21, 2012
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the nra speaks out tomorrow in washington. we honor the lives that were remembered there that day. jesse lewis couldn't wait to get to school that friday. he was excited for the holidays and his dad was going to join him in the class that afternoon to make gingerbread houses. he was 6 years old. smart, passionate beyond his years, his dad thought jesse could concur the world. he died trying to lead others to safety after hearing gunshots in the hallway. that's how he led his life, his parents say, fearless, courage, and full of strength about jesse loved animals and was learning to ride horses. his favorite toy was a little soldier. almost every night of his life, jesse slept in his mother's arms. his family writes, the picture that remains etched in our souls is his in his boots, ripped jeans and t-shirt, chomping through the pasture on his way from one adventure to another. catherine hubbard was known for the bright red hair and her smile that was always on her face. she, too, was 6 years old. every single christmas she asked santa to bring her a pet. even as baby she asked santa
the nra speaks out tomorrow in washington. we honor the lives that were remembered there that day. jesse lewis couldn't wait to get to school that friday. he was excited for the holidays and his dad was going to join him in the class that afternoon to make gingerbread houses. he was 6 years old. smart, passionate beyond his years, his dad thought jesse could concur the world. he died trying to lead others to safety after hearing gunshots in the hallway. that's how he led his life, his parents...
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Dec 26, 2012
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we didn't get any presents from lawmakers in washington yet. we're still five days away from falling off the proverbial fiscal cliff and wall street, like everybody else, is waiting for some kind of a solution here, and as you can see by today's numbers the waiting game continues, although we thank brian sullivan and you, mandy, for bringing us back to positive territory in the last hour. >> i'm not sure we can take credit but we'll take it. >> the dow is up a fraction at the moment. 13,139 after a meandering much of the day. the nasdaq hardest hit today. technology has been very volatile recently. still down a fraction right now. 13 points, fraction percentage-wise and the s&p is down 3.33 at 1423. five days left until the fiscal cliff deadline, and though the market has been very resilient to this point, what happens if we go over the cliff and if lawmakers cannot get it together come january 1st? will it be a big meltdown for wall street? that's what everybody wants to know. >> certainly hope know. in today's "closing bell" exchange, former
we didn't get any presents from lawmakers in washington yet. we're still five days away from falling off the proverbial fiscal cliff and wall street, like everybody else, is waiting for some kind of a solution here, and as you can see by today's numbers the waiting game continues, although we thank brian sullivan and you, mandy, for bringing us back to positive territory in the last hour. >> i'm not sure we can take credit but we'll take it. >> the dow is up a fraction at the...
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Dec 16, 2012
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states for the king of thailand in the middle of those discussions talking to johnson both in washington. but when they did start recruiting soldiers, the king made it clear that he supported venture, he did a farewell and sponsored a lot of the celebrations to mark the southps to vietnam. ct personal interest in the wellbeing and h the wounded soldiers in the hospitals when they came back. presided over the funeral them out these sponsored temples so from the jury beginning the king of ved in thiss and supporting it as to say blessing or forward, i don't know, but pretty much like -- i gine without his support such a thing taking place. >> currently what kind of relationship does the u.s. military have with the thai military? >> they still have a close relationship of the royal thai or me. something that haven't changed since the vietnam war month. annual regular exercis
states for the king of thailand in the middle of those discussions talking to johnson both in washington. but when they did start recruiting soldiers, the king made it clear that he supported venture, he did a farewell and sponsored a lot of the celebrations to mark the southps to vietnam. ct personal interest in the wellbeing and h the wounded soldiers in the hospitals when they came back. presided over the...
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Dec 28, 2012
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thanks, guys. >> there was another surprise coming out of washington today. the unexpected resignation of ep achieve lisa jackson. why is she lng now? is this good news for coal miners, frackers and the keystone pipeline and we're about to get more on that story just ahead. >> don't forget, free market capitalism is the best path to prosperity and not crushing regulations. the kudlow report is coming right back. mine was earned off vietnam in 1968. over the south pacific in 1943. i got mine in iraq, 2003. usaa auto insurance is often handed down from generation to generation. because it offers a superior level of protection, and because usaa's commitment to serve the military, veterans and their families is without equal. begin your legacy, get an auto insurance quote. usaa. we know what it means to serve. this is how mommy learned... ...and now... you! [ giggles ] ♪ the one and only, cheerios >>> breaking news now. the associated press reporting that retired general norman schwarzkopf one of the heroes of the first gulf war has died in tampa, florida. he w
thanks, guys. >> there was another surprise coming out of washington today. the unexpected resignation of ep achieve lisa jackson. why is she lng now? is this good news for coal miners, frackers and the keystone pipeline and we're about to get more on that story just ahead. >> don't forget, free market capitalism is the best path to prosperity and not crushing regulations. the kudlow report is coming right back. mine was earned off vietnam in 1968. over the south pacific in 1943. i...
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Dec 18, 2012
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if this moment passes into memory without action from washington, it will be a stain upon our nation's commitment to protecting the innocent including our children. this is not a partisan issue. this is just a bunch of people who i think are cowed by the nra. as i said yesterday, do you think the nra has power? just remember the number one priority was to defeat barack obama. last time i checked he will be inaugurated again. >> mayor bloomberg will be live on "morning joe" later this morning. two leading democrats who have earned high praise from the national rifle association are now rethinking their stance on guns. last night senator mark warner of virginia became the latest to call for action. >> i've been a long-time supporter of second amendment rights. you know, i believe every american has second amendment rights, and the ability to hunt and it's part of our culture. i had an nra rating of an "a." but, you know, enough is enough. my -- i've got -- i'm the father of three daughters. this weekend they all said, dad, how can this go on? and i, like i think most of us, realize that
if this moment passes into memory without action from washington, it will be a stain upon our nation's commitment to protecting the innocent including our children. this is not a partisan issue. this is just a bunch of people who i think are cowed by the nra. as i said yesterday, do you think the nra has power? just remember the number one priority was to defeat barack obama. last time i checked he will be inaugurated again. >> mayor bloomberg will be live on "morning joe" later...
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Dec 23, 2012
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. >>> to washington now and the negotiations over the fiscal cliff. actually, there really aren't any negotiations now. the president is in hawaii. we're in a bit of a holding pattern as both sides dig in their heels. the middle class and small businesses were the focus during the presidential campaign. but, now, they stand to be the biggest losers as the battle in washington pushes us closer to that cliff. cnn's emily schmidt has more. >> go on. >> reporter: there are people who make overcoming obstacles even those towering 40 vertical feet high look easy. these rock climbers the heart of the climbing center business. >> i think with climbing, you have to trust your partner and you have to know that they're holding your rope. >> reporter: this takes team work which is why she's frustrated of another cliff looming in washington. >> so much uncertainty, not just for me as a business owner but for our members and our clientele. >> reporter: with negotiations stalled, she has put plans to expand her business on hold. she's worried because going over the
. >>> to washington now and the negotiations over the fiscal cliff. actually, there really aren't any negotiations now. the president is in hawaii. we're in a bit of a holding pattern as both sides dig in their heels. the middle class and small businesses were the focus during the presidential campaign. but, now, they stand to be the biggest losers as the battle in washington pushes us closer to that cliff. cnn's emily schmidt has more. >> go on. >> reporter: there are...
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Dec 28, 2012
12/12
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>> look, mandy, this is dysfunction palooza in washington. i've been talking about this since november. they can't get a deal done. they won't get a deal done. the market has been way too complacent. wall street, you were wrong. you were wrong. they are not going to get this deal done. the market is going to sell off chase to start 20 thrown. big >> it will continue to sell off. look, guys. here's the thing though. 25% right now of gdp is government spending. historically that's 20%. if there are going to be the spending cuts, that what we want to hear, john boehner. he's the adult in the room right now, guys and is looking like the bad guy because we have to stop the spending cuts. hitting the ceiling on the debt ceiling by monday. $16.3 trillion. you can't put a band-aid on this and suspect everything is going to be great and have howie mandel say deal or no deal. not good for the overall markets or economy. >> it's clear that revenue is not on the table. >> what do you do, run for the s? panic is not an investment strategy. give us some go
>> look, mandy, this is dysfunction palooza in washington. i've been talking about this since november. they can't get a deal done. they won't get a deal done. the market has been way too complacent. wall street, you were wrong. you were wrong. they are not going to get this deal done. the market is going to sell off chase to start 20 thrown. big >> it will continue to sell off. look, guys. here's the thing though. 25% right now of gdp is government spending. historically that's...
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Dec 21, 2012
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john bolton is joining us from washington, d.c. you obviously have experience as an ambassador. what would you have done differently up up to now? >> there is very little evidence that the state department, behind the scenes or in public has given the case the serious attention that it deserves. obviously with respect to jon hammar himself, this is outrageous, he tried to follow the procedures that are required to bring a firearm into mexico. it was obviously not intended for use. but for display purposes. we can say what's happened to him. the particular facts of this case are outrageous, in and of themselves. but there is a larger issue here. i think it has to do with the mexican governments blaming the united states for part of its drug cartel problem. you know, their view is it's all of these american firearms flooding mexico, illegally. i fear that the obama administration has been sympathetic to that charge for the last four years. i think that was one of the motivations of the fast & furious operation. so that, i am worried that the administration has given jon hammar's c
john bolton is joining us from washington, d.c. you obviously have experience as an ambassador. what would you have done differently up up to now? >> there is very little evidence that the state department, behind the scenes or in public has given the case the serious attention that it deserves. obviously with respect to jon hammar himself, this is outrageous, he tried to follow the procedures that are required to bring a firearm into mexico. it was obviously not intended for use. but for...
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Dec 18, 2012
12/12
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no call -- calls in washington tonight. -- new calls in washington tonight. a long, dorman discussion on capitol hill about gun control. some say it is time to reinstate a ban on assault weapons. one senator from west virginia, a longtime nra member, says he is now rethinking his position. >> i do not know anybody who goes hunting with an assault rifle. i do not know anyone who needs 39 clips. >> lawmakers have shied away from passing tougher gun laws because of the possible consequences. advocates say tougher laws are not the act -- not the answer. avoiding the fiscal cliff is a priority and it appears there is real movement. officials say the president is proposing a deficit reduction package that would increase the top tax rates on those earning $400,000 the year instead of $250,000 ferret the new proposal comes after the speaker proposed tax hikes on those earning $1 million or higher. a giant of the u.s. senate has passed away. he died tonight from respiratory complications. he was the first japanese american serving in congress. president obama said the
no call -- calls in washington tonight. -- new calls in washington tonight. a long, dorman discussion on capitol hill about gun control. some say it is time to reinstate a ban on assault weapons. one senator from west virginia, a longtime nra member, says he is now rethinking his position. >> i do not know anybody who goes hunting with an assault rifle. i do not know anyone who needs 39 clips. >> lawmakers have shied away from passing tougher gun laws because of the possible...
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Dec 27, 2012
12/12
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to be watching the news out of washington. we're going to be watching the vices to get a gauge of good opportunities to buy high quality dividend-paying stocks. >> okay. all right, brickland, going to have to be quick. what do you expect? >> i think data is on the sideline. all about the fiscal cliff. it's all about how the distrust in washington really makes some significant progress tomorrow. we need some movement from the president. we need some progress. so, we'll have our keen eye on that and more importantly, we'll have our keen eye on discussions surrounding the 2% payroll tax cut which has been quite absent. so, hopefully tomorrow we'll see some sort of progress on that front. >> all right, gentlemen, thank you both for, all three for joining us today and we will watch very carefully. tomorrow could be very, very interesting. that does it for us. thank you for watching. >> indeed. "fast money" starting right now. >>> live from the nasdaq market site in new york city's times square, i'm melissa lee. here are tonight's t
to be watching the news out of washington. we're going to be watching the vices to get a gauge of good opportunities to buy high quality dividend-paying stocks. >> okay. all right, brickland, going to have to be quick. what do you expect? >> i think data is on the sideline. all about the fiscal cliff. it's all about how the distrust in washington really makes some significant progress tomorrow. we need some movement from the president. we need some progress. so, we'll have our keen...
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Dec 26, 2012
12/12
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meeting and you still have this problem that we have in washington called the fiscal cliff. i just don't like the way that one's playing out. the reason that's important is that when the market gets into risk op mode they tend to sell the dollar and buy the yen. >>> what kind of levels are we talking about? >> right now we're sitting around 8570. i would comfortably sell the dollar against the yen there. i would put a stop loss at 8715 and my target is 8265. >> nice to see you. hope you had a good holiday. look forward to catching up with you. >> likewise. >> guys, what do you make of what we've seen in dollar yen? weiss, do you have a play? doc? >> well, their market turned on this pretty dramatically. it posted up 1.5% gain on the weakness out of the yen. so if that continues into next year, scott, which based on what he's just said that will not happen, in other words, we're looking at more down side pressure, i think that's good for the markets though. >> joe, tell me why the viewer watching right now should care about what the yen does? >> they should care. this is a se
meeting and you still have this problem that we have in washington called the fiscal cliff. i just don't like the way that one's playing out. the reason that's important is that when the market gets into risk op mode they tend to sell the dollar and buy the yen. >>> what kind of levels are we talking about? >> right now we're sitting around 8570. i would comfortably sell the dollar against the yen there. i would put a stop loss at 8715 and my target is 8265. >> nice to see...
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Dec 29, 2012
12/12
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LINKTV
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have we are joined by an economics columnist with the washington newspaper. he says without an immediate deal, the discussion will significantly change in the new year. >> i think what we will see from the republicans is much greater flexibility as we get into the new year, if it comes to that. and, instead of voting for a tax increase, they are voting for a tax cut. the same policy, when you are voting for it on january 4, would be a tax cut. today, it would be a tax increase. it is a weird way of thinking about it, but we are a strange land, in terms of u.s. policy right now. heather is a sense the entire dynamic would change if we get a few days into the new year without a deal. the white house feel they have gone close to as far as they can go in terms of an offer. the have adjusted their proposal on tax increases so they would only go up on those making $400,000 a year, not $250,000 a year. they want real concessions out of the republicans before the agreed to everything. they do not want to negotiate against themselves and throw in the towel when they d
have we are joined by an economics columnist with the washington newspaper. he says without an immediate deal, the discussion will significantly change in the new year. >> i think what we will see from the republicans is much greater flexibility as we get into the new year, if it comes to that. and, instead of voting for a tax increase, they are voting for a tax cut. the same policy, when you are voting for it on january 4, would be a tax cut. today, it would be a tax increase. it is a...
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Dec 21, 2012
12/12
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." >> good evening, i'm chris matthews in washington. let me start with this. it's five days until christmas, 12 till new years and the battle lines are drawn. the trenches have been dug. the president has made his promise and intends to keep it. that promise is fairness. he cannot go along with any republican deal that protects the wealthy. he will risk the cliff to keep his promise. if it comes to it, he'll leap right off of it. to do less would be a sign to his enemies a sign that they can beat him. well u they simply tried. the words out he wants former u.s. senator chuck hagel in nebraska for secretary of defense. he's a republly can and a combat veteran of vietnam. the neocons are out to stop him for what he is and what they aren't. he served in war right up front. he opposed unness wars like the ones we've been fighting. fighting and getting ourselves into all of these years. in other words, they opposed the secretary of defense who thinks the man is the commander in chief. there's not an obama vote among them, by the way. u.s. congressman and democrat f
." >> good evening, i'm chris matthews in washington. let me start with this. it's five days until christmas, 12 till new years and the battle lines are drawn. the trenches have been dug. the president has made his promise and intends to keep it. that promise is fairness. he cannot go along with any republican deal that protects the wealthy. he will risk the cliff to keep his promise. if it comes to it, he'll leap right off of it. to do less would be a sign to his enemies a sign that...
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Dec 28, 2012
12/12
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yes, milk cliff in 1929 a farm law was passed that had washington buy milk at inflated prices. if there's not a move to get a new bill, we'll all pay the price. phil is joining us. how much could a gallon go up to? >> well, mandy, you're right. it could go up probably $3 a gallon. it's not just about a milk cliff. while everybody is talking about the fiscal cliff, there's a farm cliff. secretary vilsack has been calling on the industry, calling on the senate and congress for months to avoid this problem because if the farm bill expires, we've got some real issues. >> so what do you think we should do, phil? what's the solution? >> well, bottom line is we've got to get everybody in washington to wake up. the senate passed it. the house ag committee passed it, but, you know, the house has really not allowed the debate to happen so as a result we've got all of this stuff happening and my fear is we're going to get lost. let's not forget, we've seen prices increase over the past two years dramatically, and especially after this summer's drought, prices went up even more. they're go
yes, milk cliff in 1929 a farm law was passed that had washington buy milk at inflated prices. if there's not a move to get a new bill, we'll all pay the price. phil is joining us. how much could a gallon go up to? >> well, mandy, you're right. it could go up probably $3 a gallon. it's not just about a milk cliff. while everybody is talking about the fiscal cliff, there's a farm cliff. secretary vilsack has been calling on the industry, calling on the senate and congress for months to...
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Dec 21, 2012
12/12
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FOXNEWSW
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catherine herridge has been following the hearings and she is live for us this evening in our washington newsroom. catherine, officials talked about some warnings that they got before the attacks. >> well, shep. senators today pushing secretary clinton's deputies on classified state department cables warning the threat from terrorists in benghazi was spiking. >> you were aware of the security risk there. we have read the cables. you were fully aware and either you sent people there with security or you don't send them there. >> an august classified cable first reported by fox news summarized an emergency meeting in benghazi one month before the attack. the cable directly warned clinton's office here in washington that the consulate could not defend against a coordinated assault. adding that the cia briefed on location of approximately 10 islamist militias and al qaeda training camps within benghazi. the cable was sent by ambassador stevens and it's been described as a smoking gun warning because it foreshadowed how four americans, including stevens, would eventually die on 9/11 as well a
catherine herridge has been following the hearings and she is live for us this evening in our washington newsroom. catherine, officials talked about some warnings that they got before the attacks. >> well, shep. senators today pushing secretary clinton's deputies on classified state department cables warning the threat from terrorists in benghazi was spiking. >> you were aware of the security risk there. we have read the cables. you were fully aware and either you sent people there...